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Dubai Review 2020 – 2021 Outlook
Dubai Review Outlook www.valustrat.com ValuStrat Price Index – VPI Dubai Residential Base: January 2014=100 ValuStrat Price Index – VPI Dubai Office Base: January 2015=100 All prices are quoted in UAE Dirhams unless otherwise stated Sales and Rent performance are measured on a quarterly basis while hotel performance are on yearly basis 2020 Review FIRST QUARTER REVIEW 2020 VPI Residential VPI Residential VPI Office Capital Values Rental Values Capital Values 73.3 69.6 63.1 -10.1% -8.9% -14.7% Y-o-Y Y-o-Y Y-o-Y Residential Ready Residential Ready Ticket Size Sales Volume 1.71m 3,491 AED Transactions 0.6% -0.3% Q-o-Q Q-o-Q Residential Off-Plan Residential Off-Plan Ticket Size Sales Volume 1.45m 5,224 AED Transactions -8.6% -26.3% Q-o-Q Q-o-Q Office Sales Office Sales Office Ticket Size Volume Rent 0.92m 269 863 per sq m AED Transactions AED -17.9% 11.2% -5.2% Q-o-Q Q-o-Q Q-o-Q Jan COVID - 19 PANDEMIC • The VPI – residential capital values for Dubai as of March 2020 stood at 73.3 points, dipping 0.9% since February, -10% annually. 1W • First confirmed case in the UAE recorded on 29th January • The Dubai VPI for residential rental values during Q1 2020 stood at 69.6 points, • Suspension of all flights except cargo, halting operation of major public mass declining 1.7% quarterly and 8.9% annually. On an annual basis, apartment and transport (Dubai Metro and Tram) villa asking rents fell 9.4% and 8% respectively • Countrywide curfew and disinfection drive started • VPI for Dubai’s office capital values stood at 63.1 points, suggesting that -
Genes and Djinn: Identity and Anxiety in Southeast Arabia
Genes and Djinn: Identity and Anxiety in Southeast Arabia Aaron Lee Parkhurst University College London Department of Anthropology A thesis submitted for the degree of Doctor of Philosophy May 2013 1 Declaration ‘ I, Aaron Lee Parkhurst, confirm that the work presented in this thesis is my own. Where information has been derived from other sources, I confirm that this has been indicated in the thesis.' 2 Abstract This thesis focuses on the ways in which identity is constructed in the United Arab Emirates in the face of rapid development and immigration. The thesis draws upon ethnographic data collected over three years in Dubai and Abu Dhabi, among other Arabian Gulf communities, to explore how foreign knowledge systems, specifically genetic models of inheritance, are incorporated into indigenous bodies of knowledge to reshape the ways in which local people see themselves in the world. Long held Gulf Arab conceptions of the self and body in relation to nature, spirits and foreigners are challenged by the promises of globalization and modernity. This conflict creates both personal and social anxiety for many local people as they attempt to consolidate desert and Islamic tradition with the ambiguity of new urban and social landscapes, creating a metaphor between Gene and Djinn. This thesis follows this conflict ethnographically through the rapid construction of a new aristocratic class of citizens in the country, and the ways in which some of them imagine their downfall. As people move through the desert, the coast and the rapidly growing cities, their quest for an elusive notion of modernity ricochets into local systems of destiny, cosmology, agency, body practices, and kinship, and the languages one uses to articulate the ‘self’ and world are transformed. -
Land Plots for Sale
Land plots for sale Dubai Holding Creating impact for generations to come Dubai Holding is a global conglomerate that plays a pivotal role in developing Dubai’s fast-paced and increasingly diversified economy. Managing a USD 22 billion portfolio of assets with operations in 12 countries and employing over 20,000 people, the company continues to shape a progressive future for Dubai by growing $22 Billion 12 121 the city’s business, tourism, hospitality, real estate, media, ICT, Worth of assets Industry sectors Nationalities education, design, trade and retail. With businesses that span key sectors of the economy, Dubai Holding’s prestigious portfolio of companies includes TECOM Group, Jumeirah Group, Dubai Properties, Dubai Asset Management, Dubai Retail and Arab Media Group. 12 20,000 $4.6 Billion For the Good of Tomorrow Countries Employees Total revenue 1 Dubai Industrial Park 13 The Villa Imagining the city of tomorrow 2 Jumeirah Beach Residences(JBR) 14 Liwan 1 3 Dubai Production City 15 Liwan 2 4 Dubai Studio City 16 Dubailand Residences Complex Dubai Holding is responsible for some of Dubai’s most iconic 5 Arjan 17 Dubai Design District (d3) destinations, districts and master developments that attract a network 6 Dubai Science Park 18 Emirates Towers District of global and local investors alike. With our extensive land bank we 7 Jumeirah Central 19 Jaddaf Waterfront have created an ambitious portfolio of property and investment 8 Madinat Jumeirah 20 Dubai Creek Harbour opportunities spanning the emirate across diverse sectors. 9 Marsa Al Arab 21 Dubai International Academic City 10 Majan 22 Sufouh Gardens 11 Business Bay 23 Barsha Heights 12 Dubailand Oasis 9 2 8 22 7 18 23 11 17 19 3 5 6 20 4 1 10 14 1 Dubai Industrial Park 15 13 16 12 21 Dubailand Oasis This beautifully planned mixed-use master community is located in the heart of Dubailand, with easy access to main highways of Freehold 1M SQM Emirates Road, Al Ain Road (E66) and Mohammed bin Zayed Road. -
Urban Megaprojects-Based Approach in Urban Planning: from Isolated Objects to Shaping the City the Case of Dubai
Université de Liège Faculty of Applied Sciences Urban Megaprojects-based Approach in Urban Planning: From Isolated Objects to Shaping the City The Case of Dubai PHD Thesis Dissertation Presented by Oula AOUN Submission Date: March 2016 Thesis Director: Jacques TELLER, Professor, Université de Liège Jury: Mario COOLS, Professor, Université de Liège Bernard DECLEVE, Professor, Université Catholique de Louvain Robert SALIBA, Professor, American University of Beirut Eric VERDEIL, Researcher, Université Paris-Est CNRS Kevin WARD, Professor, University of Manchester ii To Henry iii iv ACKNOWLEDGMENTS My acknowledgments go first to Professor Jacques Teller, for his support and guidance. I was very lucky during these years to have you as a thesis director. Your assistance was very enlightening and is greatly appreciated. Thank you for your daily comments and help, and most of all thank you for your friendship, and your support to my little family. I would like also to thank the members of my thesis committee, Dr Eric Verdeil and Professor Bernard Declève, for guiding me during these last four years. Thank you for taking so much interest in my research work, for your encouragement and valuable comments, and thank you as well for all the travel you undertook for those committee meetings. This research owes a lot to Université de Liège, and the Non-Fria grant that I was very lucky to have. Without this funding, this research work, and my trips to UAE, would not have been possible. My acknowledgments go also to Université de Liège for funding several travels giving me the chance to participate in many international seminars and conferences. -
At Dubai Festival City
AT DUBAI FESTIVAL CITY DESTINATION DUBAI Discover and experience the extraordinary, in the city that has it all. From world-class shopping, dining and entertainment attractions to rolling deserts, beautiful beaches and a culture rich in heritage – people from across the globe are happy and proud to call Dubai home. AL-FUTTAIM ABOUT GROUP REAL DUBAI ESTATE FESTIVAL CITY The real estate development and operations arm of Al-Futtaim, A place located closer to the finest shopping, dining, leisure and Al-Futtaim Group Real Estate is responsible for the origination, entertainment avenues. Where getting to work or heading conception, development, procurement and construction of to school is an absolute pleasure without rush hour traffic. mega projects and the leasing and operation of these projects This is what living at the heart of urban serenity feels like at after completion. Al-Futtaim Group Real Estate develops and Dubai Festival City, a premier waterfront community lifestyle operates an extensive multi-million dollar portfolio of individual blending modern luxury with connectivity and comfort, spanning corporate real estate and investment assets across the Middle 1,300 acres. East and North Africa region. The current flagship mixed-use urban communities under the Festival City brand are Dubai Festival City, Cairo Festival City and Doha Festival City. OWN PICTURESQUE CREEK VIEWS ABOUT MARSA PLAZA Discover luxury creekside living and urban elegance at Marsa Plaza. A residential tower that boasts deluxe amenities and scenic views of Dubai Creek and the glittering cityscape. Apartment suites from one-, two- and three-bedroom options as well duplexes with three- and four-bedroom alternatives are available. -
Contemporary Aquatic Architecture Monography
Zbyszko BUJNIEWICZ CONTEMPORARY AQUATIC ARCHITECTURE PART 1. STUDY AND INVESTIGATIONS PUBLISHING HOUSE OF THE SILESIAN UNIVERSITY OF TECHNOLOGY MONOGRAPHY GLIWICE 2019 0 Opiniodawcy. Consultants Dr hab. inż. arch. Mirosław BOGDAN, prof. Politechniki Opolskiej PhD (DSc) Hab. Eng. Arch., Professor of the Opole University of Technology Dr hab. inż. arch. Bogusław SZUBA, prof. PWSZ w Nysie PhD (DSc) Hab. Eng. Arch., Professor of the University of Applied Sciences (PWSZ) in Nysa Kolegium redakcyjne. Editorial Board REDAKTOR NACZELNY - Chief Editor − Prof. dr hab. inż. Andrzej BUCHACZ, Prof., PhD (DSc) Hab., Eng. REDAKTOR DZIAŁU - Section Editor − Dr hab. inż. arch. Beata KOMAR, PhD (DSc) Hab., Eng., Arch. SEKRETARZ REDAKCJI - Secretary of the Editorial Office − Mgr Jolanta NIDERLA-WITKOWSKA, MA/MSc Wydano za zgodą Rektora Politechniki Śląskiej Published with the approval of Rector of the Silesian University of Technology Projekt okładki Design of the cover Zbyszko BUJNIEWICZ Picture CITY OF ARTS AND SCIENCES, Valencia. Architect: Santiago Calatrava. Photo: Z. Bujniewicz. Wydanie 2, angielskie, zmienione I poprawione Revised english edition 2 Tłumaczenie Translated by Monika Cesarz ISBN 978-83-7880-629-5 © Copyright by Wydawnictwo Politechniki Śląskiej Gliwice 2019 The moment that nature enters into relationship with architecture it becomes no longer whole. It changes its appearance and is reduced to elements like light, wind, water or sky. Light, wind, water or sky become the symbol of nature. Nature, which up to that point has remained definite, becomes, through its resonance with the geometry embodied in the architecture, an abstraction. Tadao Ando1 1 Tadao Ando, [w:] Levene R.C., Ce1cila F.M. (2000), Tadao Ando 1983-2000. -
Transforming Concept to Reality Who We Are
Transforming Concept to Reality Who We Are Built on the fundamental values of trust, transparency, and commitment, Reem Capital Contracting LLC (RCC) has been instrumental in developing some of the most awe-inspiring structures in Dubai. Our portfolio sports names like Dubai International City, Phase I, Dubai Waterfront, and Forbidden City which has redefined the skyline of Dubai. We are in relentless pursuit to add value to Dubai’s aesthetics. Having partnered with Rashid Bin Mehran Group (RMB), a multimillion dollar conglomerate under the able leadership of Mr. Amin Mesrati (Head Operations - Reem Capital Contracting LLC as General Manager), we have only added value to our already robust position in the construction industry. Our 270,000 sq. of built-up facilities and stores is well equipped with qualified professionals, modern work processes, and up-to-date technology to meet the About Us ever-increasing needs and demands of the industry and our valued clients. Innovative strategies and straight-forward operating systems for design and build contracting, turnkey contracting, engineering, industrial equipment procurement, installation services, and timely deliveries are made possible through effective contingency plans that cover accidents on sites, equipment breakdowns, unforeseen weather conditions as well as untimely material supplies. 2 3 Our Policies Vision Commitment to Quality Our vision is to establish RCC as the most trusted name in the At RCC, quality forms an integral part of every procedure. This mark of perfection is achieved industry across UAE through the use of sustainable solutions. Led through internal auditing strategies, policies, processes, and human resource systems. To avoid any by the vision of our leaders, we have proliferated in our operations, shortcomings in the provision of services to our clients, our organization has ensured that our Quality enhancing our MEP and Aluminum/Industrial divisions to provide Assurance Program is meticulously planned. -
Appendix N – Air and Odour Assessment Reports
Appendix N – Air and Odour Assessment Reports Air Quality Assessment Report Odour Assessment Report GHD | Report for HZI, Besix and Itochu - Dubai Waste Management Center, 76/10735 Hitachi Zosen Inova, Besix and Itochu Dubai Waste Management Center Air Quality Assessment May 2020 Table of contents 1. Introduction..................................................................................................................................... 2 1.1 Project description ............................................................................................................... 2 1.2 Approach .............................................................................................................................. 3 1.3 Scope of work ...................................................................................................................... 3 1.4 Limitations ............................................................................................................................ 3 1.5 Assumptions ........................................................................................................................ 4 2. Project overview ............................................................................................................................. 5 2.1 Project outline ...................................................................................................................... 5 2.2 Facility description .............................................................................................................. -
Implementing Sustainable Construction Practices in Dubai – a Policy Instrument Assessment
Master Thesis in Built Environment (15 credits) Implementing Sustainable Construction Practices in Dubai – a policy instrument assessment Marco Maguina Academic Supervisor: Catarina Thormark Spring Semester 2011 Master Thesis in Built Environment Implementing Sustainable Construction Practices in Dubai – a policy instrument assessment Author: Marco Maguina Faculty: Culture and Society School: Malmö University Master Thesis: 15 credits Academic Supervisor: Catarina Thormark Examiner: Johnny Kronvall Maguina, Marco 2 Master Thesis in Built Environment SUMMARY Recognized as one of the main obstacles to sustainable development, climate change is caused and accelerated by the greenhouse gas (GHG) emissions generated from all energy end-user sectors. The building sector alone consumes around 40% of all produced energy worldwide. Reducing this sector’s energy consumption has therefore come into focus as one of the key issues to address in order to meet the climate change challenge. Implementing sustainable construction practices, such as LEED, can significantly reduce the building’s energy and water consumption. Prescribing these practices may however encounter several barriers that can produce other than intended results. Since the beginning of 2008 Dubai mandates a LEED certification for the better part of all new constructions developed within the emirate, nevertheless the success of this regulation is debatable. This thesis identifies the barriers the introduction of the sustainable construction practices in Dubai faced and analyses the reasons why the regulatory and voluntary policy instruments were not effective in dealing with these barriers. Understanding these barriers as well as the merits and weaknesses of the policy instruments will help future attempts to introduce sustainable construction practices. To put the research into context a literature review of relevant printed and internet sources has been performed. -
KSB Solutions Burj Khalifa Development and the Dubai Mall
Pumps n Valves n Systems KSB Solutions Industry Water Waste Water Energy Building Services Mining Burj Khalifa Development and The Dubai Mall District Cooling Burj Khalifa Development Area Heated growth, keeping cool Emaar Properties PJSC is one of the With average temperatures above 30 °C for over half the year - and in the mid 40s world’s largest real estate companies in summer - the cooling of the world’s tallest building “Burj Khalifa” as well as and is rapidly evolving to become a “The Dubai Mall” requires reliable and high quality solutions. global provider of premier life-styles. As one of the world’s leading suppliers of pumps, valves and systems for water It not only builds homes, but also management, KSB represented locally by KSB Middle East FZE, has been a highly develops value-added, master-planned competent and effective partner to meet the challenge. communities. Since the company’s inception in 1997, Emaar has been keeping up with Dubai’s rapid growth. Efficient solutions for extreme conditions The DCP-01 plant is designed to produce cooling water as plant reliably supplies cooling water – up to 10,000 tons an well as ice, the latter being made during off-peak hours hour – to the Burj Development Area. Further our rugged (midnight to early morning). The ice is then used as low pumps ensure the chilled water is distributed to all of the temperature thermal storage during peak hours (after noon 162 habitable floors within the Burj Khalifa. Our ductile cast during summer months). Equipped with KSB’s durable and iron pumps were selected considering the extremely high suc- energy-efficient Omega water transfer pumps, the DCP–01 tion and operating pressure requirements of the application. -
Asian Contractors in the Uae
POEA MARKET UPDATE Marketing Branch No. 26 Series of 2007 ASIAN CONTRACTORS IN THE UAE More than $20,160 million worth of special projects to be constructed in the UAE. Below is the selected checklist compiled from reports of the Middle East Economic Digest (MEED). Company Selected Projects Value ($ million) Emirates CHINA Catic Completed a five-star hotel 90 Fajuirah China Harbour Engineering Awarded the Najmat Abu Dhabi marine works package 55 Abu Dhabi Working on the Dibba fishing port relocation in Dibba 50 Sharjah Selected as engineering procurement contractor for Habshan-Fujairah na Abu Dhabi China Petroleum Engineering pipeline Construction Corporation China State Completed construction of villas on the Palm Jumeirah na Dubai Construction & Engineering Working on the first phase of the parallel roads scheme in AI-Qouz and 163 Dubai Corporation AI-Barsha Building Bayswater tower in Business Bay and on Mirdif Gate residential project 49;272 Dubai Sinoma International Building a cement and slag grinding facility 50 Dubai Constructing a Greenfield cement plant 280 Fujuirah HONG KONG Aedas Consultant on the Pentominium and Ocean Heights tower Designed the Shining Towers mixed-use na Dubai complex na Abu Dhabi CSHK Vancouver Tower blocks 389 Dubai Hip Hing Awarded the main construction contract for 70-floor HHHR tower 204 Dubai MALAYSIA Bumimetro Building the Rainbow towers project 109 Dubai Supervision consultant for Dubai Techno Park infrastructure CHSS na Dubai Contractor on Swiss tower project and Fortune Executive Tower at IJM Corporation -
4 & 5 Bedroom Villas
4 & 5 Bedroom Villas MAJID AL FUTTAIM ONE OF A KIND In 1992, our founder Mr. Majid Al Futtaim Majid Al Futtaim embarked on a journey to create a space in which families, friends and communities One of a kind could craft happy, lifelong memories. Today, Majid Al Futtaim, the company, is the region’s leading integrated lifestyle provider, In 1992, our founder Mr. Majid Al Futtaim spanning over 15 international markets. embarked on a journey to create a As the leading shopping mall, community, space in which families, friends and retail and leisure pioneer in the Middle East, communities could craft happy, lifelong Africa, and Asia, we are constantly ‘creating memories. Today, Majid Al Futtaim, the company, is the region’s leading great moments for everyone, everyday’. integrated lifestyle provider, spanning over 15 international markets. As the We make everyday moments great by leading shopping mall, community, making people feel welcome in five mixed- retail and leisure pioneer in the Middle use communities that house more than East, Africa, and Asia, we are constantly ‘creating great moments for everyone, 2,500 families, with over 17,000 additional everyday’. residential units under construction in the We make everyday moments great by UAE, Oman, and Lebanon. making people feel welcome in five mixed-use communities that house more than 2,500 families, with over 17,000 additional residential units under construction in the UAE, Oman, and Lebanon. 01 Tilal Al Ghaf Resort Living Reinvented Nestled in the heart of new Dubai, with a stunning lagoon and white sandy beaches at its heart, Tilal Al Ghaf balances luxury resort- style living with a fresh urban feeling.